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TLDR Shiba Inu recorded a massive 3,500% surge in its burn rate within 24 hours. Over 537 million SHIB tokens were removed from circulation during the latest burn activity. The price of Shiba Inu rose by 4% following the large-scale token burns. SHIB futures open interest increased by more than 4%…
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Shiba Inu Price Rises 4% After 500M SHIB Removed From Supply
TLDR Shiba Inu recorded a massive 3,500% surge in its burn rate within 24 hours. Over 537 million SHIB tokens were removed from circulation during the latest burn activity. The price of Shiba Inu rose by 4% following the large-scale token burns. SHIB futures open interest increased by more than 4%…